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$ 4,900,000
Est. payment | /mo
15,142 SqFt
$ 4,900,000
Est. payment | /mo
15,142 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,142 sqft
Price per Sqft $323
MLS Listing ID 1153856
Year Built 1931
Annual Tax Amount $36,212
Lot Size 0.518 Acres
Acres 0.52
Lot Dimensions 70 X 164 AND 150 X 74
Property Sub-Type Commercial
Source Staten Island Multiple Listing Service
Property Description
Incredible opportunity for an investor to own 2 massive lots totaling 22,550 square feet, right on Richmond Terrace in the heart of Elm Park. The land is currently occupied by a pair of auto body shops, and is being rented out by Caliber Collisions for 15,500 per month -- as well as a smaller unit, which is occupied by Bones Auto Body, and goes for 3000 per month. Caliber Collisions occupies 3 units between both buildings and is currently 3 years into a 10 year long true, triple net lease. This lease includes a 5 per cent increase every 5 years as well as two 5 year options to renew with the same terms. Total rent roll for the building is 18,500. Both 2550 & 2560 Richmond Terrace are on separate lots but are being sold together.
All inquiries and showings thru listing agents.
All inquiries and showings thru listing agents.
Location
State NY
County Richmond
Area Elm Park
Zoning M3-1
Interior
Heating Hot Water, Natural Gas
Cooling Central
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Block
New Construction No
Others
Tax ID 01150-37/41
Listed ByZaloom Real Estate
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Frank Esposito
Agent